Wine Bar and Piano Bar, Melbourne CBD
Bar
ActiveHospitality & TourismVictoriaB2C
Asking price
$550,000
Disclosed · AUD
Revenue
$2,000,000
TTM
Net Profit
$380,000
Implied multiple
1.4×
asking / earnings
Brief
- Two complementary hospitality venues on Warburton Lane in the Melbourne CBD, operating under one roof
- High annual turnover with strong verifiable net profit; fully managed with experienced team and systems in place
- sophisticated wine bar and dining, trading Monday–Saturday with curated wine list and share plates
- late-night piano bar with live music and cocktails, trading Wednesday–Saturday; licensed to 1am
- Lease secured to 2035; combined capacity 90 patrons (Murmur) and 95 patrons (Myrtle)
- Fully equipped commercial kitchen servicing both venues; dual revenue streams with significant growth potential
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